VAARP AS

3113 TØNSBERG

Finances

Return on Equity

5,08 %

Current Ratio

2,57

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	101 000	341 000	0	0
Net Income	44 000	254 000	−6 000	81 000
Total Assets	2 487 000	2 584 000	976 000	1 032 000
Total Equity	866 000	822 000	568 000	574 000

Income (NOK)	2022	2021	2020	2019
Revenue	101 000	341 000	0	0
Expenditure	6 000	7 000	7 000	9 000
Operating Profit	95 000	334 000	−7 000	−9 000
Financial Income	1 000	1 000	1 000	90 000
Financial Costs	39 000	27 000	0	0
Financial Balance	−38 000	−26 000	1 000	90 000
Earnings Before Tax	57 000	307 000	−6 000	81 000
Tax	13 000	53 000	0	0
Net Income	44 000	254 000	−6 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 974 000	2 068 000	599 000	498 000
Total Current Assets	513 000	516 000	377 000	534 000
Total Assets	2 487 000	2 584 000	976 000	1 032 000
Total Retained Equity	737 000	693 000	439 000	445 000
Total Equity	866 000	822 000	568 000	574 000
Total Long-Term Debt	1 421 000	1 500 000	0	0
Total Current Debt	200 000	262 000	408 000	458 000
Total Equity and Debt	2 487 000	2 584 000	976 000	1 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	101 000	341 000	0	0
Other Income	0	0	0	0
Revenue	101 000	341 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	7 000	7 000	9 000
Operating Profit	95 000	334 000	−7 000	−9 000
Financial Income	1 000	1 000	1 000	90 000
Financial Costs	39 000	27 000	0	0
Financial Balance	−38 000	−26 000	1 000	90 000
Dividends	0	0	0	0
Net Income	44 000	254 000	−6 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 974 000	2 068 000	599 000	498 000
Total Fixed Assets	1 974 000	2 068 000	599 000	498 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	187 000	174 000	330 000
Total Current Assets	513 000	516 000	377 000	534 000
Total Assets	2 487 000	2 584 000	976 000	1 032 000
Total Equity	866 000	822 000	568 000	574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 421 000	1 500 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	25 000	85 000	0	0
Dividends	0	0	0	0
Other Current Debt	162 000	124 000	408 000	458 000
Total Current Debt	200 000	262 000	408 000	458 000
Total Equity and Debt	2 487 000	2 584 000	976 000	1 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,08 %	30,9 %	−1,06 %	14,11 %
Debt-to-Equity Ratio	1,64	1,82	0	0
Operating Profit Margin	94,06 %	97,95 %	-	-
Current Ratio	2,57	1,97	0,92	1,17
Quick Ratio	2,57	1,97	0,92	1,17
Equity Ratio	0,35	0,32	0,58	0,56
Gross Profit Margin	100 %	100 %	-	-